Authors: Trent Hamm
clutter,
218–220
focus,
220
unhappiness,
221
overspecialization,
xv
parenthood
attribute attacks,
194
cultivating success,
201
exceptional experiences, providing,
198–199
family sabbaticals,
199
paths to adulthood,
189
praising effort,
194
teaching children
educational priorities,
200–201
growth mindset,
193–194
money skills,
190–192
self-learning,
197–198
self-reliance,
195–196
unconditional love,
195
partial crossover points,
159
,
187
participation, communities,
60
,
70
,
126–127
partners
honesty,
173–174
long-term financial security, discussing,
4
successful relationships, building,
177
communication,
169–172
honesty,
173–174
time,
174
passion, peer-based communities,
129–130
path to adulthood,
189
peak-end rule,
90
peer communities,
126
benefits,
127
career success,
135–137
deliberate practice,
130–131
finding,
126
giving,
207
learning/growing/synthesizing,
128
loyalties,
124–125
mentorship,
134–135
participating,
126–127
passion,
129–130
power,
127
personal development,
133
personal items, selling,
9–10
personal risks,
29–31
personal strength,
16
phone costs, minimizing,
102
Pink, Daniel,
181
planning
debt repayment
benefits,
12
methods,
7–8
selling unnecessary personal items,
9–10
snowflaking,
11
long-term financial security,
4
meals,
96
income, supplementing,
181
opportunities,
182
partial crossover points,
187
reinventing yourself,
182
savings,
182–183
versus college savings,
184–186
vitality,
181
trips,
90
pleasurable time,
238
Pollan, Michael,
95
poor health choices,
31
positive attitudes, giving,
208
positive relationships
maximizing,
119–121
negative transitions,
118–119
overview,
115–117
positive unexpected life events,
26–27
power
giving,
206–207
today,
55
The Power of Less
(Babauta),
205
praising effort (children),
194
preparation
advance meal,
98
children for careers
educational priorities,
200–201
exceptional experiences,
198–199
unexpected life events,
34
luck, maximizing,
32
negative,
27–29
positive,
26–27
reliability,
33–34
price lists (grocery shopping),
96
primal empathy (social intelligence),
68
problems
blaming others,
239
budgets,
79
communities,
63
programmable thermostats,
101
protecting wealth,
162–163
Putnam, Robert D.,
112
Raising Financially Fit Kids
(Godfrey),
190
Ramsey, Dave,
231
real wages,
51
reciprocity (generalized),
112
reducing
costs
careers,
58
entertainment,
105–107
essentials,
87–89
food.
See
minimizing costs, food
housing,
103–104
nonessential,
56
phones,
102
transportation,
104–105
unexpected events,
237
utility bills,
101–102
debt
interest rate reductions,
5–6
repayment plans,
7–12
snowflaking,
11
footprints,
80
interest rates,
5–6
reinforcement (communities),
62
relationships
cohorts,
118
generalized reciprocity,
112
loyalties,
124–125
negative,
113–114
positive
maximizing,
119–121
overview,
115–117
reliability,
34
successful
building,
177
honesty,
173–174
time,
174
supportive people,
238
transitioning from negative to positive,
118–119
unsupportive,
239
reliability
employees,
xv
future self,
55
relationships,
34
unexpected events, battling,
33–34
repayment plans (debt)
benefits,
12
methods,
7–8
selling unnecessary personal items,
9–10
snowflaking,
11
retirement
average ages,
180
income, supplementing,
181
opportunities,
182
partial crossover points,
187
reinventing yourself,
182
savings
changing role,
182–183
Roth IRAs,
186
versus college savings,
184–186
vitality,
181
rewards, unexpected,
150
risks
debt,
2
personal,
29–31
Rombauer, Irma,
95
Roth IRAs,
186
Rubin, Gretchen,
18
rules, breaking,
145–147
running in place (life),
49
sacrifices
careers,
54
frugality,
85
savings.
See also
frugality
crossover points,
159–162
aggressive investments,
160
partial,
159
retirement,
187
saving,
160
snowflaking,
161
emergency funds
dream life foundation,
143
unexpected negative events,
28
unexpected positive events,
26
increasing,
81
retirement
changing role,
182–183
versus college savings,
184–186
undergraduate education,
xv
Schuler, Amanda,
77
self-acceptance,
16
self-improvement,
240
self-learning (children),
197–198
self-reliance
children, teaching,
195–196
goals,
42–44
self-understanding,
142
selling unnecessary personal items,
9–10
“Sense of community: A definition and theory” (McMillan and Chavis),
61
Sethi, Ramit,
215
shared emotional connections (communities),
62
short-term goals
benefits,
43
long-term goal success,
42
setting,
45
success framework,
46
The Simple Dollar website,
xiv
skills
administrative,
132
creativity,
133
deliberate practice,
130–131
information management,
132
interpersonal communications,
133
leadership,
132
overspecialization,
xv
personal development,
133
Smith, Adam,
60
social cognition (social intelligence),
69
social intelligence,
68–69
Social Intelligence
(Goleman),
68
soda addictions, breaking,
100
solutions, minding the gap,
80
spending
consumer expenditures statistics,
74
cutting
entertainment,
105–107
essentials,
87–89
food,
94–100
fundamental rules of frugality,
107–109
housing costs,
103–104
nonessential,
56
transportation costs,
104–105
utility bills,
101–102